Client Overview

Paramount+, a global entertainment leader, sought to launch its streaming service internationally. This required creating a hig -performing FP&A function to forecast revenue and track KPIs critical to the service's success.

Objective

The CFO needed an interim expert with streaming industry experience to quickly establish a best-in-class FP&A framework aligned with company culture and strategy. Given our decade long partnership with Paramount, we were exclusively engaged for this critical task.

Phase 1: Initial Placement

We identified an industry experienced candidate to build the FP&A foundation, define functional requirements, and create a team to support financial strategy.

Result: The candidate successfully established the FP&A framework and was retained for two years, making a significant impact during this critical growth phase.

Phase 2: FP&A Team Expansion

Following the initial success, Paramount+ tasked us with recruiting three senior FP&A Directors to lead key cost centres and build their own teams.

Challenge: Balancing technical skills with cultural fit to ensure collaboration with senior leadership.

Outcome: All Directors successfully built cohesive teams, driving financial operations across divisions. Nearly two years later, most interim hires remain in place, contributing to ongoing success.

Key Success Factors

1. Industry Expertise: Leveraged deep streaming sector knowledge to identify ideal candidates.
2. Collaborative Approach: Ensured alignment with company culture and strategic goals.
3. Strategic Placements: Delivered leaders who built enduring teams and operational excellence.

Conclusion

Our tailored, collaborative approach enabled Paramount+ to build a robust FP&A function that supported its international expansion and continues to drive long term success.

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